| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Rangers | 18 | 12 | 5 | 1 | 6 | 3 | 43 | 17 | +26 | 41 | 2.28 |
| 2 | Queen's Park | 18 | 11 | 1 | 6 | 5 | 5 | 33 | 27 | +6 | 34 | 1.89 |
| 3 | Peterhead | 18 | 8 | 3 | 7 | 8 | 7 | 26 | 17 | +9 | 27 | 1.50 |
| 4 | Montrose | 18 | 6 | 4 | 8 | 1 | 3 | 26 | 36 | -10 | 22 | 1.22 |
| 5 | Elgin City | 18 | 4 | 9 | 5 | 3 | 2 | 26 | 29 | -3 | 21 | 1.17 |
| 6 | Annan Athletic | 18 | 4 | 5 | 9 | 2 | 4 | 23 | 39 | -16 | 17 | 0.94 |
| 7 | Berwick Rangers | 18 | 4 | 3 | 11 | 2 | 3 | 25 | 34 | -9 | 15 | 0.83 |
| 8 | Stirling Albion | 18 | 3 | 6 | 9 | 3 | 4 | 21 | 34 | -13 | 15 | 0.83 |
| 9 | Clyde | 18 | 4 | 2 | 12 | 2 | 8 | 17 | 37 | -20 | 14 | 0.78 |
| 10 | East Stirlingshire | 18 | 3 | 2 | 13 | 0 | 5 | 21 | 58 | -37 | 11 | 0.61 |
3 points for a win
Points per game, average goal difference then average goals scored applies
Points per game, average goal difference then average goals scored applies
